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340 Main Street # 307, Melrose MA 02176

Melrose, MA 02176
$189,000
Est. $1,534/month
1
Baths
303
Sq Ft
$624
Price/Sq Ft
1970
Year Built
17
Days on Market
Closed Listed Apr 19, 2023 • MLS# 73100632 Copied!

About this home

One room studio condo at Melrose Place. Location is ideal at the edge of downtown Melrose, bus stop in front of the building and Wyoming train depot around the corner.Common laundry room for all on the fourth floor. One car off street parking in the lot behind the building.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Full Bathrooms
1
Living Area
303 sq ft
Total Rooms
1
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $189,000
Final Sale Price: $189,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $624
Sale $/sq ft: $624
This property sold for $624 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$624/sq ft
Area Average
$443/sq ft
Difference
+41.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 303 sq ft
Full Baths 1
Total Rooms 1

Interior

Heating Electric Baseboard
Cooling Window Unit(s)
Flooring Carpet
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $1,479
Assessed Value $141,900

Interior Features

Flooring: Carpet
Appliances: Range, Refrigerator
Interior Features:
Windows:
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1970
Effective Year (Renovated): 1982
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

340 Main Street # 307, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School District
Melrose School District local
A
School Safety 2024-25
0.6% Low
0.4% Suspensions 0.4% In-School 0.2% Emergency
4.9% below state avg
E

Elementary Schools

7 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Winthrop School
0.9 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
0.9 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Roosevelt School
1.0 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
Early Childhood Center
1.0 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.3 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $123
Homeowners Insurance $200
HOA Fee $255/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

17.5%
Price Range
19
Total Days on Market

Property Timeline

Current Active Listing - MLS #73506478
Full transaction history available when tracking began
🏡
Currently Listed
Apr 23, 2026
$229,000
MLS #73506478 - Active
Sold
May 19, 2023
$189,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Apr 19, 2023
$189,000
Original listing
Agent: Paul C. Coogan Office: Brad Hutchinson Real Estate

Price & Status History

Date Event Price Change
Apr 24, 2026 Sold $229,000
Apr 19, 2023 New Listing Added $189,000

Market Statistics

Days on Market
17 days
Price per Sq Ft
$624

Tax History

Year Taxes Assessment
2023 $1,479 $141,900

Financial Details

Annual Property Tax
$1,479
Tax Year 2023
HOA Fee
$255
Per month
Assessed Value
$141,900

Listing Information

Listing Agent Paul C. Coogan
Listing Office Brad Hutchinson Real Estate
Agent MLS ID B0429315
Office MLS ID B11101
Listing Data Updated May 25, 2023 11:29 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

340 Main Street # 307, Melrose MA 02176 - Photo 1 340 Main Street # 307, Melrose MA 02176 - Photo 2 340 Main Street # 307, Melrose MA 02176 - Photo 3 340 Main Street # 307, Melrose MA 02176 - Photo 4 340 Main Street # 307, Melrose MA 02176 - Photo 5 340 Main Street # 307, Melrose MA 02176 - Photo 6
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